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Search Results 0 to 5 of about 6 (some duplicates have been removed)
Jul 18, 2010 1:00pm EDT
, then it was a u.s. ally state. tons of weapons float into this place. it is a very poor, traditionally pastorless community and a population of 6, 7, 8 million people and it was one of the most militarized parts of africa. >> then both of the sponsors to withdrew. >> it's no coincidence the state collapsed in 1991 when the cold war ended. and we have seen that in other parts of africa. the minute you stopped having this rivalry and outside interest to want to support a somalia, the place just went to pieces with a lot of weapons, more weapon than in kenya or tanzania or other countries in africa. so to me, as somebody who visits, you see the evidence of this when you arrive in mogadishu. the city is completely destroyed. it is unlike any place i have ever seen. and is not bombed from above like a dresden or a hiroshima or something like that, the city has been levelled by small mif caliber gunfire. every building you see is pocked with holes. walls are half standing. you're -- it is like you are in the middle of this ancient ruined city that, you know, was fine in 1991 and has been steadily destr
Jul 4, 2010 10:00am EDT
, that if you ask about the state of the u.s. public finances 15 years anow, under current policy it looks pretty grim. so something will have to be done. the question is what about now? and if we skimp on supporting the economy now, first of all, we deepen these problems. we make higher unemployment, we reduce the long-run prospects. secondly, we do amazingly little to improve our long-run budget position. i'll give you a number. suppose we talk about a trillion dollars, more or less, of spending in the next year or two. trillion dollars, the u.s. government can currently borrow, if it issues inflation indexed bonds, it can currently borrow at an interest rate of about 1.7%. so a trillion dollars of spending is going to add to future interest costs only $17 billion a year, with a $2.5 trillion federal revenue base. it's not going to make a significant difference. but it could make all the difference in the world to the state of the economy in the near term. so the arithmetic says that yes -- well, the arithmetic is basically saying oh lord, make me chaste and continent but not yet. yes, l
Jul 25, 2010 1:00pm EDT
is working. there are very few signs it is working. >> what's happening in marjah is the u.s. military and nato went into one of the most difficult areas of the country, one of the bellies of the insurgency, displaced the taliban, and settled in. the people are pleased with this. this was an area called little america in the kennedy and johnson era. they remember the americans. we came in with agricultural support and seeds, and we broke up big drug bazaars. so a tremendous amount of gain occurred immediately. i met with the tribal leaders in the shura, and they said thank you for coming. but they also said three important things -- we risked our lives to come here today, we must have agricultural assistance, and we must have security. it is not accurate to say marjah's a failure, and it's premature to say marjah's a success. >> that still doesn't answer the question of are we postponing these offensive because the taliban have proven to be stronger than we thought? >> well, marjah was not postponed. it's simply that the transfer of security authority from the marines to the afghans is
Search Results 0 to 5 of about 6 (some duplicates have been removed)